All posts tagged capitalism

(Number of Planet Scenarios as Calculated by the World Foot Print Network. Note that according to current data, our pace of consumption currently overshoots Earth’s sustainable resource base by about 50% requiring about 1.5 Earths to meet our needs. By 2050, consumption will nearly demand the yearly productivity of three Earths. Overshoot causes irreparable harm to resources and ecosystems resulting in a collapse of the resource base. See image below.)

We are living in the age of limits, the age of consequences, the age when our quest for an endless expansion of the production of goods and services and the resulting endless concentration of wealth under pure capitalism has resulted in ever more intense degrees of Growth Shock even as it risks a devastating collapse of current day industrial civilizations.

We live in a world that is an ongoing and intensifying wreckage. A calamity caused by our worship of the failed gods of our greed, a disaster born of our turning away from our fellow man, of our loss of faith in our ability to work together through rational and representative governments, and of our dramatic failure to impose limits — both upon ourselves and upon the most criminally greedy among us.

We are living in the age of Growth Shock and on this unsustainable path the days of human civilization upon this Earth are numbered. There are no second or third Earths to which we can extend our madness that is an economic system designed to endlessly increase consumption of finite resources. There are no green fields of Mars or Venus for us to plunder. The worlds within our reach are barren and as far as even our great telescopic eyes can see across the vast expanse of space there is nothing, nothing even within an insurmountable gulf of light years, of which we could even have cause to dream of to slake our boundless want.

No. We are here. And of all the worlds within our reach fair Earth is Alone. And so we must set our task to live within our means here. To find ways to be happy that do not involve an attempt at endless, mad, and harmful expansion. That do not involve an attempt at burning all the fossil fuels and rapidly ruining our atmosphere and climate for ages and ages to come. Ours is the terrible and hopeful task of the Easter Islanders, of the residents of Tikopia — one group who succeeded in living happily and sustainably upon an island world of limited resources, and the other who desperately and miserably failed.

Our choices are as essential as they are dire and we are making them now, mostly for ill.

Environmentalists get it. Ecologists get it. Anthropologists get it. Druids get it. Scientists get it. Everyday people slaving away under minimum wage or worse get it. Those who live in the shanty towns get it. Those who live down wind of a coal plant get it. Those in West Virginia who had their water ruined get it. Those who live in fracking towns where their water is at risk or must be pumped in get it. Those in British Columbia protesting tar sands pipeline expansion get it. Some in the drying, burning west get it. Some in the storm-wracked east get it. The middle class of America who has been scape-goated and sacrificed on the alter of billionaire greed for the past 30 years should have gotten it by now. Muslims in the middle east who would have rather found water than oil get it. Christian monks who construct solar panel farms get it. South Pacific Islanders witnessing their nations being devoured by the waves get it. So many more who have been forgotten, abused, or who remain unnamed get it.

And now, an economic historian, who clearly gets it, has broken ranks from the mainstream to pen the extraordinarily brave and insightful work: Green Capitalism, the God that Failed. Consider:

We can’t shop our way to sustainability because the problems we face cannot be solved by individual choices in the marketplace. In the final analysis, the only way to align production with society’s interests and the needs of the environment is to do so directly. The huge global problems we face require the visible hand of direct economic planning to reorganize the world economy to meet the needs of humans and the environment, to enforce limits on consumption and pollution, to fairly ration and distribute the goods and services we produce for the benefit of each and every person on the planet and to conserve resources so that future generations of humans and other life forms also can live their lives to the full. All this is inconceivable without the abolition of capitalist private property in the means of production and the institution of collective bottom-up democratic control over the economy and society. And it will be impossible to build functioning democracies unless we also abolish global economic inequality. This is the greatest moral imperative of our time, and it is essential to winning worldwide popular support for the profound changes we must make to prevent the collapse of civilization. A tall order to be sure. But we will need even taller waterproof boots if we don’t make this happen. If Paul Hawken, Lester Brown, Francis Cairncross and Paul Krugman have a better plan, where is it?

In the niddling little details, Richard Smith may be wrong. You can make steel without coal, for example (biomass can provide the coking carbon and electric furnaces can smelt the metal) and total renewable energy production worldwide is now 20% of overall demand (not .6 percent as stated in Smith’s report), plug in electric vehicles, especially when run by renewable power sources, do result in an overall lowering of fossil fuel emissions, and, yes, you can eventually weed out all the carbon-producing fossil fuel inputs from a manufacturing chain (just not all waste and pollution).

But all that over-pessimism aside, Smith is correct in the broad brush. Steel production is limited by its coal or biomass coking base and overall mineral and energy inputs. If you use coal, it is also limited by long-term damage to the climate and to water supplies. Manufacturing, no matter how efficient, will always produce some waste and consume some resources that are not recyclable.

And, most importantly, any economic model requiring endless exponential growth in the consumption of labor and resources is eventually doomed to fail especially when it is primarily based, as it is today, on a set of finite materials (fossil fuels) that through their ever increasing use cause untold damage to the world in which we live. When such a model is also based on an endless funneling of wealth to the top of the economic spectrum it is socially horrific as well. A Godzilla Zombie of a thing.

To survive the age of Growth Shock will require not just a transition away from dirty, dangerous and depleting fuels. It will also require economic systems that do not demand more materials and resources than our single Earth can provide. And, in this, Mr Smith is absolutely correct. We need to reverse the trend that has so undermined both our faith in and the direct effectiveness of our systems of government. Corporatism, commercialism, and laissez faire neoliberal globalized capitalism all must vastly recede. The zero sum game must be put back into its box. Governments must be enabled to impose effective rules and constraints even as it is also enabled to redistribute wealth to its people. It must be enabled to gap fill for the industries it will most certainly have to shut down by providing alternate jobs programs and livelihoods for those who will inevitably be put out of work. It can no longer be the ineffective baby-sitter for anarchic corporations who do what they want, when they want, however they want. Either through active responsibility or passive turning away and collapse, those days are coming to an end. Lastly, the world’s civilizations must learn to work together effectively, acquiescing to rules and constraints that benefit all people.

These are tall orders. But if we wish to retain some shade of our current wealth and Earth’s current richness and beauty, if we wish to establish a powerful, capable, and effective world civilization, if we wish to pursue justice for all peoples and not just the wealthy, then we must pursue these goals with passion and ardor. For the path we are currently on has no viable future.